Pickering Casino Resort Construction
This looks incredible!
About us One Toronto Gaming began the construction of Pickering Casino Resort last year and is projected to open in two phases. The first phase is slated to open in early 2020 and will feature a.
When you think of major entertainment centres in the Greater Toronto Area your mind doesn't exactly jump to Pickering. Like the zoo is kind of close to Pickering but that doesn't exactly count as an entertainment centre.
- The average selling price of pre-construction condos in the City of Pickering for 2019 is $339,600. New listings, for the year thus far, has maintained a price per square foot of $566, while prices continue to grow to 28.1% year-over-year. The average rental rate for the City of Pickering is presently $1,900.
- In a Tuesday news release, Canadian casino and hospitality operator, the Great Canadian Gaming Corporation (TSX:GC), announced that they will move forward with municipal permitting for a premier casino resort at the site of a massive entertainment development, Durham Live, recently approved for the city of Pickering at Church and Bayly streets.
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But it looks like that will all be changing. Which is good news for anyone who is looking for something to do on the weekend, and anyone who will be needing a job in the coming years.
That's because Pickering is in the process of getting a casino, waterpark, and hotel all rolled into one. Yes,all those things will be in one place apparently.
The complex would apparently create OVER 10,000 JOBS! Over 2,000 of those people would be working in the casino itself.
Pickering Casino Resort Construction Las Vegas
There isn’t any set date for when this would open (which is unfortunate because it sounds quite simply amazing) Durham Live is in the process of getting all its permits in order before beginning construction on the complex.
But once open it would give people in the GTA a new casino option that’s a lot closer than driving to Barrie or Niagara Falls.
The city of Toronto itself has turned down the idea of building a casino downtown many times in the past.
But if Durham Live get everything sorted out with their permits then we could all have a new option for an extremely fun night out right here in the GTA.
Sources:CBC, Durham Live
A province MZO issued on October 30, 2020 by The Minister of Municipal Affairs is welcomed by the City of Pickering as it fast tracks significant investment and attracts more jobs to the region. Find out more at pickering.ca/DurhamLiveMZO.
Pickering Casino Resort Construction Company
Durham Live will become the premier entertainment and tourism district east of Yonge Street, and one of Ontario’s top destinations for fun and excitement.
Pickering Casino Resort Construction Services
Anchored by a resort casino and 5-star hotel, this unique destination will also include a boutique hotel, convention centre, amphitheatre, restaurants, cinemas, an indoor water park, performance venues, an office tower, and film studios.
Pickering Casino Resort Construction Schedule
This landmark project, located at the northwest corner of Church and Bayly Streets, will boast a dynamic mix of excitement, culture, nightlife, cuisine, and adventure that will cater to every whim and indulgence.
Visit DLive.ca to sign up and receive updates directly from the developer.
View FAQs:
| Project Updates |
New Highway 401 Road Crossing The City of Pickering and Pickering Developments Inc. are undertaking a Municipal Class Environmental Assessment (EA) for a new Highway 401 road crossing to connect Notion Road to Squires Beach Road. The City of Pickering Official Plan, Edition 7 (2017), the Town of Ajax Official Plan (2016), the Region of Durham Official Plan (2017), and the Region of Durham Transportation Master Plan (2017) have identified the need for this link as a means of providing additional north-south capacity and neighbourhood connectivity as growth occurs. Visit the project page for details. |
| Renderings |
Concept images of the resort casino, hotel, and multi-purpose performance venue. |
| How many jobs will be created? |
It is estimated that Durham Live will create up to 10,000 jobs, and the Pickering Resort Casino alone is expected to see approximately 2,000 new jobs for the casino, hotel and performance venue combined. |
| What will the economic impact be? |
| Based on an economic impact study prepared for the project, Durham Live has the capacity to contribute approximately $1.3 billion in incremental annual GDP, and over $625 million in annual total tax revenues. Based on the size and scale of the planned casino, host payments to Pickering are expected to be approximately $20 million or more per year upon full development. |
| Will the City share any revenues generated by the casino? |
| At the April 10, 2018 Council Meeting, a resolution was passed which proposes that 30 per cent of gaming revenues, at full build out of the gaming facility, be directed to the Region of Durham. It is at the Region’s discretion on how to allocate these funds. However, we suggest that a portion of the monies be directed towards social housing. See Minutes. |
| How will traffic impacts be addressed? |
| We collectively want to minimize any future traffic impacts. As such, the Durham Live developer is working with the City of Pickering, Region of Durham, and the Ministry of Transportation to implement various traffic infrastructure improvements. Possible enhancements include road widening, intersection improvements, a new road crossing of Highway 401, and a new partial Highway 401 interchange with direct access to the Durham Live site. |
| Development Applications |
For more information, view these development proposals: |